Interplex’s Global Sustainability Report 2021 shows an 11% reduction in CO2 intensity and adoption of solar energy to offset 2.1% of the annual electricity consumption, putting the company on track to reduce total greenhouse gas emissions (GHG) by 50% by 2030.SINGAPORE (13 July, 2022) — Interplex, a world-class business striving to provide best-fit solutions and products, released its Global Sustainability Report 2021 today, unveiling its efforts on energy optimization, increasing the share of renewable energy, improving water conservation, reducing waste and sourcing responsibly.
Interplex reduced its CO2 intensity by 11% by switching to LED lights in 93% of its facilities and installing solar panels in 12% of them, generating 3,165 MWh of solar power, which offset 2.1% of annual electricity used. Interplex achieved CDP Climate Change rating C.
In addition, 91% of Interplex manufacturing plants achieved the ISO 14001:2015 certification for environmental management systems and the company aims to achieve certification across 100% of plants by FY2023.
In 2021, Interplex became a WASH Pledge signatory. The company is committed to implementing and supporting access to safe water, sanitation, and hygiene for all its employees across its offices and manufacturing plants, the value chain, as well as the communities where it operates. Interplex’s efforts to improve water efficiency since 2019 have resulted in a 37% reduction in its global water usage across all facilities, resulting in an improvement on CDP Water rating from C to B.
Interplex continues to make strong progress in gender diversity. Female employees constituted 43.1% of new hires, reaching 40.9% of Interplex’s workforce, with 22.6% in managerial positions.
Health and safety in the workplace remains a top priority for Interplex. All of its manufacturing plants have completed a health and safety risk assessment as part of implementing the company’s occupational health and safety management system, and 21% has achieved the ISO 45001:2018 certification.
Over the last few years, Interplex has established a strong position in the mobility market, thanks to its leading position in designing and manufacturing customized interconnect and mechanical product solutions. With emphasis on R&D to develop innovative products, Interplex helps industries transition to a low carbon economy. “I am especially proud of our latest product innovations – the Hydrogen Fuel Cell Bipolar Plates and Cell-PLX™ – both part of our Energy Solution business. These examples will help our customers transition to cleaner forms of transportation”, said Alessandro Perrotta, CEO of Interplex Holdings Pte. Ltd.
Interplex has been recognized for its efforts on good corporate social responsibility. The company was awarded a Platinum Medal from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings, that positions Interplex in the top 1% of companies assessed globally.
“We are making steady progress in achieving our sustainability goals, targets and ambitions”, said Nantha Kumar Chandran – Chief Sustainability Officer, Vice President, Global Plating Operations at lnterplex Holdings Pte. Ltd.
Interplex has set numerous accountability goals in the coming years. In April 2022, Interplex committed to set emissions reduction target in line with the Science Based Targets initiative (SBTi) and declared its support for the Task Force on Climate-related Financial Disclosures (TCFD). Interplex aims to equip 100% of its facilities with energy efficient lighting by FY2022; reduce over 19,000 tCO2 by switching to renewable energy sources and achieve ISO 45001:2018 certification (occupational health and safety management system) for all of its facilities by 2024. Interplex will also be intensifying its R&D efforts to offer more innovative green solutions to its customers.
Read the full report here.
Take a look at our progress in Making Sustainability A Reality from our latest Sustainability Report 2021 here.